Vacation rentals in Santa Margarita Lake

Find and book unique accommodations on Airbnb

Top-rated vacation rentals in Santa Margarita Lake

Guests agree: these stays are highly rated for location, cleanliness, and more.

1 of 1 pages1 / 1
Top guest favorite
Home in Baywood-Los Osos
4.99 out of 5 average rating, 114 reviews

The Los Osos Valley Guest House

Settle into authentic 'SLO CAL' in our cozy and casual Surf Ranchita - The Los Osos Valley Guest House is a rustic hideaway nestled between quaint rural farmlands, laid back Los Osos and the rugged natural coastline. It's a perfect base stay with it's casual rustic vibe, unique character and renovated modern conveniences. Enjoy a fully stocked 3 bedroom house with hot tub, infrared sauna, outdoor shower, 4 TVs private WiFi, heated marble floors, BBQ patio and outdoor seating with amazing views.

Top guest favorite
A newly renovated bungalow features a wide front porch with a seating area, framed by landscaped gardens with various green plants. The exterior showcases a clean white façade with light blue accents on the door, providing a welcoming entrance.
Bungalow in Downtown SLO
4.95 out of 5 average rating, 314 reviews

San Luis Obispo Oasis near DT SLO w/ Hot Tub + EV

Newly renovated SLOasis bungalow 10 mins walk from downtown SLO shops/restaurants/nightlife. New 4-6 person Hot Tub in private yard. Beautiful spacious kitchen, cozy bedrooms and nice porch. Located in the residential High St Neighborhood (SoHi) with easy access to coffee shops, local wineries, wedding venues and local attractions. Enjoy the entire place with relaxing in the hot tub, cooking in the kitchen or taking a short walk to a popular trailhead or downtown shops, bars and restaurants.

Top guest favorite
The exterior of the remodeled farmhouse is depicted, showcasing a red façade with white trim. A welcoming porch is furnished with two chairs, and a stone pathway leads to the entrance. Lush greenery and rolling hills surround the property under a clear blue sky.
Farm stay in San Luis Obispo
4.98 out of 5 average rating, 239 reviews

HISTORIC FARM HOUSE ON 400 ACRE RANCH

Come experience something unique and magical in our turn-of-the-century remodeled farm house. This rustic home lies within a 400 acre ranch located just over the mountain from the City of SLO. Allow yourself to travel back in time while you enjoy this 2 bedroom, 1 bath 1000' home which comfortably sleeps 4 guests in its king and queen beds. The newly remodeled kitchen with its granite counters and modern appliances is fully equipped. Relax outside on the flagstone patio or wrap-around porch.

Top guest favorite
Farm stay in San Luis Obispo
4.93 out of 5 average rating, 112 reviews

Ranch Estate: EPIC Views Spa Firepit Game Room

Experience Life on a Private Ranch! Parker's Place is a Victorian Hilltop Estate with EPIC 180° Views of San Luis Obispo. You truly won't believe it till you see it! 3 bed/3 bath home with views from every room, sleeps up to 10. Sit on the wrap around porch, BBQ, make s'mores by the fire, explore the vineyard, chicken coop, play corn hole, or pool+ others in our new game room, then soak in the hot tub! 5-10 min from Downtown SLO, Madonna Inn, Cal Poly & Beaches. Uber right from the ranch!

Guest favorite
A vibrant backyard playground features a converted lifeguard tower, providing a unique play area above. Below, a ball pit filled with blue balls awaits playtime, while bubbles drift through the air. The space is surrounded by green turf, enhancing the playful atmosphere.
Home in Arroyo Grande
4.97 out of 5 average rating, 109 reviews

OMG Playground, close to Beach, Family Fun

Relax near the coast at this Nautical Themed retreat! This peaceful home is in a conveniently located neighborhood. It's an updated 3 bedroom, 2 bath home, with modern features. The gem of this property is the backyard/ playground where your family will enjoy hours of fun. Backyard includes a converted Lifeguard Tower/ Treehouse, a Lighthouse Play Fort, Ball Pit, Trampoline, & Sand Box. The home is approx. 2 miles to Pismo State Beach and 2 blocks to shopping such as Starbuck's & Aldi.

Guest favorite
A modern living area features a dark leather sofa set against warm hardwood floors. A round wooden coffee table holds magazines, while a bookshelf displays various decorative items. Natural light filters in through sliding glass doors, leading to an outdoor space.
Home in San Luis Obispo
4.88 out of 5 average rating, 308 reviews

Boutique Bungalow San Luis Obispo

Go green in this immaculate low allergen mid-century modern 1000 sf bungalow. Solar electric power includes a 50A Tesla car charger while the yard features a low-water, Japanese bamboo design. Open full size kitchen, high end stainless appliances, spacious living room, cable TV, high speed wifi, 2 bed- 2 bath, master king bedroom with sleep number bed, full contemporary bath & second king bedroom. Laundry room, storage, bike shed, private courtyard, sunny patio with great view.

Guest favorite
Home in San Luis Obispo
4.94 out of 5 average rating, 142 reviews

San Luis Obispo Wine Country Retreat

Escape to a luxurious three-bedroom farmhouse on a shared 10-acre ranch in San Luis Obispo's Edna Valley, surrounded by rolling hills of renowned vineyards. Newly renovated with modern amenities including a spacious kitchen, cozy living room with smart TV, and private patio with fire pit. Sleeps up to six guests with AC, heating, WiFi, and BBQ grill included. Explore nearby wineries and restaurants or relax on the private patio. Book now for a memorable California getaway.

Guest favorite
Home in San Luis Obispo
4.95 out of 5 average rating, 257 reviews

Upscale. Pet friendly. Great location! 6-10 guests

Welcome! This 4/2 fully upgraded, Spanish Med. in D/T SLO is filled with ambiance! Hotel-grade queen beds and furnishings suit up to 10 perfectly. Formal or gazebo dining, fire pit/BBQ, and games area. 2 car driveway parking. Easy self-entry. Complimentary drink on arrival! Clean quiet house trained pets Ok! 20 mins to beaches/wineries. Includes a detached bungalow/master suite with 1/2 bath. A quality spot for entertaining, or to relax in. You’ll LOVE it here~

Top guest favorite
A serene saltwater pool is set against a backdrop of rolling hills and a vibrant sunset. Six lounge chairs are arranged around the pool, and a large umbrella provides shade. Lush greenery surrounds the area, enhancing the natural landscape.
Home in Atascadero
4.97 out of 5 average rating, 225 reviews

Gorgeous Hilltop Oasis with Pool and Expansive Views

Feel cares slip away in the serene saltwater pool set among ancient oaks and endless vistas. Enjoy one of Atascadero's most beautiful neighborhoods, sitting atop the Hills of the Central Coast. Morning strolls are a literal walk in the clouds with stunning canyon views and deer roaming nearby. It's hard to believe this property is only 8 minutes from the freeway. This comfortable tri-level four bedroom home is perfectly practical for family or group entertaining.

Top guest favorite
A bright and airy living space features a large window allowing natural light to fill the area. The room includes a cozy seating arrangement with a gray sofa, a wooden dining table with chairs, and decorative wall baskets. A kitchenette is visible in the background.
Home in San Luis Obispo
4.96 out of 5 average rating, 398 reviews

Wine Country Hilltop Retreat

Kick back and relax in this calm, stylish space with spectacular Edna Valley views. Read a book on your hillside patio and see buffalo and longhorns grazing in neighboring fields. After an incredible sunset, unwind by your firepit at night under a sky full of stars. This private country escape is also at the center of it all - 15 minutes to beaches & Cal Poly, 5 minutes to airport & 20+ wineries/tasting rooms, 10 minutes to beautiful downtown SLO.

Top guest favorite
An aerial view of a single-level ranch-style house surrounded by trees and landscaping. A beige path leads to the entrance, while olive trees and lounge chairs are positioned in the front yard. The exterior is complemented by a gravel driveway and multiple green shrubs in the background.
Home in Paso Robles
4.99 out of 5 average rating, 128 reviews

Eat, Drink & Be Merry, Sunset Ranch in Paso Robles

With downtown Paso Robles and some of the best east side wineries just a short drive away, Sunset Ranch gives you so many ways to plan your wine country experience. The house comes with large gathering spaces, plenty of games for the kids, full house Wifi, smart TVs throughout and scenic views to take your breath away. Immerse yourself in the wine county lifestyle. Stay a weekend or a week, it will be very hard to leave!

Top guest favorite
An open-concept living area features a cozy gray sectional sofa and two armchairs, complemented by a wooden coffee table. A dining space with a rustic table is visible in the background, along with a staircase and soft natural light filtering through nearby windows.
Condo in Arroyo Grande
4.99 out of 5 average rating, 295 reviews

Coastal Home w/ EV Charger & BBQ near The Village

Escape to Fox by the Sea, a serene coastal getaway in Arroyo Grande. This modern 3-bed, 2-bath home comfortably fits 6 guests. Enjoy a fully equipped kitchen, a private backyard with a BBQ, and a master suite with mountain views. You're just a short walk from AG Village and a quick drive to the beach. Perfect for families and groups seeking a luxurious and relaxing retreat.

Popular amenities for Santa Margarita Lake vacation rentals